Commercial Real Estate Market in Monahans, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
80 active listings and 882 off-market properties in Monahans, TX.
Market Trends
Monahans, TX spans 158.5 square miles in Ward County, Texas. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Monahans, TX asks $132/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail vacancy in Monahans, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Monahans, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Monahans, TX runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Industrial 45.3%
- Residential 37.7%
- Commercial 17%
Largest Zones share of zoned land by district
Light Industrial
Residential
Commercial
Commercial
Commercial
Monahans, TX zones 6,251 acres across 10 districts. Commercial zoning covers 17% of zoned land, residential 37.7% and industrial 45.3%. The largest single district is Light Industrial at 44.8%. For commercial buyers the practical constraint is that only 62.3% of land carries a commercial or industrial designation.
Light Industrial (M1)
In an M-1 district no building or land shall be used, and no building shall be hereafter erected or structurally altered which is arranged or designed to be used
Market overview
Demographics & Economy
Monahans, TX has 10,318 residents in 4,318 households. Density runs 65 people per square mile. Median household income here is $70,924 and median gross rent $960 a month.
10,318
Population
4,318
Households
2.4
Avg Household Size
35
Median Age
10%
College-Educated
80%
High-School Grad
158.5 sq mi
ZIP Area
65
Density / Sq Mi
$70,924
Median Household Income
$46,511
Median Earnings
$960
Median Rent
$153,200
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Monahans?
Commercial property in Monahans, TX asks an average of $36 per square foot. Office carries the highest asking price at $132/SF.
What zoning applies to commercial property in Monahans?
Monahans, TX zones 6,251 acres across 10 districts, of which 17% is commercial and 45.3% industrial. The largest single district is Light Industrial at 44.8% of zoned land. In an M-1 district no building or land shall be used, and no building shall be hereafter erected or structurally altered which is arranged or designed to be used Residential zoning covers 37.7% and open space 0%.
Where does Realmo's Monahans market data come from?
Realmo compiles Monahans, TX figures from 79 active sale listings, 1 active lease listings, 882 tracked off-market properties, the current Monahans zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 79 active for-sale and 1 active for-lease listings in Monahans, TX. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 6,251 zoned acres across 10 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
